Security News > 2022 > January > Dark Web's Largest Marketplace for Stolen Credit Cards is Shutting Down
UniCC, the biggest dark web marketplace of stolen credit and debit cards, has announced that it's shuttering its operations after earning $358 million in purchases since 2013 using cryptocurrencies such as Bitcoin, Litecoin, Ether, and Dash.
"Don't build any conspiracy theories about us leaving," the anonymous operators of UniCC said in a farewell posted on dark web carding forums, according to blockchain analytics firm Elliptic.
Platforms such as UniCC function as an underground marketplace wherein payment card details stolen from online retailers, banks, and payments companies by injecting malicious skimmers are trafficked in exchange for cryptocurrency.
The cards are then used by criminal actors to purchase high-value items or gift cards.
The sunsetting comes exactly a year after Joker's Stash, the previous market leader, announced its retirement in January 2021 after having facilitated the sale of nearly $400 million in stolen cards.
The most notable of the lot has been All World Cards, which emerged on the scene in May 2021 and has since drummed up attention by leaking data for one million credit cards plundered between 2018 and 2019 on a cybercrime forum for free, with most cards from the State Bank of India, Banco Santander, and Sutton Bank.
News URL
https://thehackernews.com/2022/01/dark-webs-largest-marketplace-for.html
Related news
- Dark web crypto laundering kingpin sentenced to 12.5 years in prison (source)
- What Is the Dark Web? (source)
- What It Costs to Hire a Hacker on the Dark Web (source)
- Russia sentences Hydra dark web market leader to life in prison (source)
- Russia gives life sentence to Hydra dark web kingpin after seizing a ton of drugs (source)
- Scumbag gets 30 years in the clink for running CSAM dark-web chatrooms, abusing kids (source)